To pile on to the ills of housing cost inflation – there are high order effects on cost. Your $3k / mo day care is expensive because the staff is paying $2500

To pile on to the ills of housing cost inflation – there are high order effects on cost. Your $3k / mo day care is expensive because the staff is paying $2500 / mo for their apartment. Auto repair is now $175+ / hour, so are most plumbers, handymen and contractors. The cost of every good & service you are buying is in large part the rent for all the laborers that supplied the inputs. You may think that minimum wage should rise, but that just takes pressure off of rents and rents go up. This is not an easy problem to solve, and every mitigation tends to worsen the problem . We've had inflation for 30 years, most of which piled into housing. Covid accelerated the release of the pandora's box.